Impact of a Consumption Tax Increase on the Economy and Consumer Sentiment
First written in FY2020-Q3. 1 of 2 entries say "Materialised", first in FY2020. Latest entry: FY2020.
EBARA Foods Industry moved to the "Worse" side of this theme in 2020, the same year as the typical company in this theme.
The whole theme swung hardest in 2026: 4 of 7 companies on the "Worse" side.
26 other companies' latest entry also says "Materialised".
- FY2020MaterialisedAnnual report
「Although transaction volumes in the second half (October–March) tended to decline due to the consumption tax increase and other factors, the Company continued to grow transactions by capturing storage and transport demand from existing customers. As a result, revenue from the logistics business was ¥6.003 billion, up 0.7% year on year.」
The decline in transaction volumes in the second half due to the consumption tax increase and other factors was reflected in the logistics business's results, but full-year revenue increased 0.7% year on year by capturing storage and transport demand from existing customers. - FY2020-Q3First statedAnnual report
「During the first 3 quarters of the fiscal year, Japan's economy was generally on a moderate recovery trend, but consumer sentiment remained weak. The outlook remained uncertain, requiring attention to the impact of uncertainty in overseas economies, the consumption tax increase on economic conditions, and volatility in financial and capital markets.」
The Company identified the impact of the consumption tax increase on economic conditions, together with weak consumer sentiment and volatility in financial and capital markets, as a business-environment concern for the first time.